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BrainChip Settles $1M Fee, Ends LDA Capital Facility

10:14am on Friday 24th of July, 2026 AEST Technology
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BrainChip Settles $1M Fee, Ends LDA Capital Facility

10:14am on Friday 24th of July, 2026 AEST
Key Points
  • LDA Put Option Agreement expired 30 June 2026
  • $1 million failure fee settled with collateral shares
  • Approximately 6.96 million shares sold for fee payment
  • LDA to liquidate remaining 6 million shares orderly
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